Robin Good: As the author of The Startup Owner's Manual, Steve Blank is someone who has been experimenting, studying and analyzing startups for many years and who has a comprehensive vision of what it takes to be a successful startup and wher emost new digital companies fail.

In his own words a "startup" is "a temporary organization designed to search for a repetable and scalable business model".

In this excellent video interview by GigaOM Chris Albert, the focus is on the state of startups and entrepreneurship.

From the original article: "When Steve Blank talks about entrepreneurship, people listen.

...Blank co-founded the CRM software company E.piphany and the video game business Rocket Science.

His current gigs as an entrepreneurship professor at Stanford, UC Berkeley and Columbia give him a unique insight that combines a historical perspective with a look at the next generation of entrepreneurs.

Key takeaways:

1) Startups are not smaller versions of big companies, so don’t try to be like them

2) Startups are about searching for a business model, not executing a business plan

3) Contrary to the myth, Steve Jobs interacted with consumers more than you think

Startups expect a lot of their people. They need to be able to work within the confines of a small company--be creative with tight budgets, willing to wear multiple hats, and eager to put in long hours.

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